📊 GBP/USD started a solid upward move from the 1.2150 support area and climbed above 1.2500. EUR/GBP is currently declining and it might continue to struggle below 0.8900.
Important Takeaways for GBP/USD and EUR/GBP
⚫️ The British Pound climbed higher sharply above the 1.2400 and 1.2440 resistance levels.
⚫️ There was a break above a major bearish trend line with resistance near 1.2350 on the hourly chart of GBP/USD.
⚫️ EUR/GBP declined heavily and broke the 0.9000 and 0.8950 support levels.
⚫️ There is a connecting bearish trend line forming with resistance near 0.8960 on the hourly chart. 👀 Find GBP/USD and EUR/GBP TechnicalAnalysis on FXOpen blog (link in bio).
George Washington giving our Liz a ride in his tax disc VW camper. She's sticking her head out of the sunroof. On 2 x 1 dollar notes. I'm Looking forward to being involved in the group's show at @studio45bn1 from the 9th November and perhaps in the book @fortheloveofmoneyartbook which is ready to pre-order . 📙💵💶💴💷💳 #cashart #georgewashington #queenelizabeth #vwsplitty #vwsplitscreen #vwbus #taxdisc #taxdiscs #usdollar #ukpound #dollarart #poundart #ambigramart